Who needs a contractor bond in Shelbyville, Indiana?
Building contractors may need a contractor license bond to work in Shelbyville, Indiana. City ordinances define a building contractor as “anyone engaging for remuneration in the building construction business of new construction, demolition of a structure(s), repair and alteration or remodeling for which a building permit is required.”
One exception does exist. Licensing and bonding are not required when a homeowner is performing work on the house they own and live in. However, they must obtain a permit for the project.
To learn about state-specific requirements, you can visit our Indiana contractor license bond page or give us a call at (888) 435-4191. We’re happy to answer any bond-related questions you have! We can also walk you through the entire bonding process over the phone.
Get Your Shelbyville Contractor License Bond:
How does a contractor license bond work?
The City of Shelbyville invests in protecting its public by ensuring safe construction practices in the area. It can achieve this by requiring contractors to obtain bonds – agreements to operate ethically and legally and complete projects according to contracts.
If a contractor’s work leads to structural damage or personal injury, the harmed party may file a claim. The surety bond agreement provides quick resolution to the problem via financial assistance. The surety may cover the costs to settle the claim upfront, but the contractor must repay them in full later.
Licensing and Bonding Requirements
The City of Shelbyville Building Commission oversees local construction projects. To apply for a contractor’s license in Shelbyville, applicants only need four documents:
- Application form
- $50 registration fee
- Certificate of general liability insurance
- $10,000 surety bond
You must secure your surety bond before submitting your license application. Generally, bonds are issued for one-year terms and must be renewed annually. While the bond amount is $10,000, contractors can often secure this bond for just $100.
If you’re confused about any part of the bonding process, call us at (888) 435-4191. Our friendly agents are ready to walk you through the process step-by-step!
Apply for Your Contractor Bond in Shelbyville, IN
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email email@example.com or call 888.435.4191 to speak with an agent directly.
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.